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Property profile

28049 Merchantile Ave Punta Gorda, FL 33982

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 5.07-acre commercial land parcel presents a remarkable investment opportunity in the thriving Punta Gorda, Florida market. Comprising four contiguous parcels (28049, 28050, 28060, and 28070 Merchantile Avenue), this property is ideally situated for a wide range of commercial ventures. Its strategic location offers unparalleled accessibility, less than five miles from Punta Gorda's vibrant downtown area and a mere three miles from the convenience of Interstate 75. The property is zoned ECAP, allowing for diverse commercial uses including retail, industrial, office, and even airport-related businesses. This zoning flexibility makes it an attractive prospect for developers and entrepreneurs seeking to establish a presence in Southwest Florida's desirable real estate market. The property's location within a rapidly developing area further enhances its potential for significant future appreciation. This is a rare chance to acquire a substantial land holding in a prime location poised for continued growth and success. The asking price for this exceptional opportunity is $1,200,000. Don't miss this chance to secure your place in Punta Gorda's burgeoning commercial landscape. The property is located at 28049 Merchantile Ave, Punta Gorda, FL 33982.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28049 Merchantile Ave Punta Gorda, FL 33982
Punta Gorda metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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